In this article we are providing PPT on GST for Students. Which will help students to know the concept of GST (The Goods and Service Tax).
PPT on GST for Students
The salient features of GST ( The goods and Service Tax) The 101st amendment of the constitution of India deals with GST i.e Goods and service tax. Because of the GST it removes the tax on taxes. 1) central goods and service tax for central government
2) state / Union territories goods and service tax for state government and union territoriesGoods and service tax changed the structure of indirect taxes in India. Because of GST council it become easy to maintain central state relation. it consists finance minister of India, Finance ministers or Taxation ministers of all state. Introduction of The PAN base TIN number become significant. GST has a Four Tier tax system Transparency is one of the most important feature of the GST. Because of it some essential goods become cheaper and also some goods do no come under Goods and service tax.
Act also provides compensation if any state suffer the loss in revenue due to GST for 5 YearsThank You for Your time
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